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20121224
20130101
Search Results 0 to 8 of about 9 (some duplicates have been removed)
is best- known for hosting the city's new year's eve celebrations. tonight, the countdown is on to 2013. ruben ramirez braved the crowds for a behind the scenes look at the preparations. >> reporter: the new 2013 sign is up, the ball drop has been tested. the revelers are gathering. it's a celebration new york city style. >> we've got neon trees, carly rae jepsen, taylor swift, jury from univison, the million dollar quartet.trffisau s ts hee president of countdown entertainment. the evening's festivities are part of a public-private partnership between his firm and the city of new york. >> you've got our costs, you've got the cities costs, it's a lot of money, but it's also one of the biggest events in the world. the promotion that new york city gets from times square new year's eve when the world is watching. that's priceless. >> reporter: and, that means lots of eyeballs for marketers. the big sponsors tonight, nivea, toshiba, philips and the ball's maker, waterford. >> first and foremost. this is a civic event and we needed partners who understood that the civic nature is the priorit
and eventually cities. if lawmakers fail to reach a deal before january 1, the cliff's across the board spending cuts and tax increases will impact how much money states get from the federal government. ruben ramirez reports from washington. >> reporter: we all know the numbers. failing to reach a deal by january 1 will result in $109 billion in automatic cuts to federal spending. and while that's a big number, what matters most to states and municipalities is the small print, detailing just where those cuts will happen. and standard & poors' gabe pettek says those details could still be months away. >> even if the policymakers in washington, d.c., resolve the immediate issue before january 1 or shortly thereafter, we think there are going to be several details related to the administration of tax policy and the way the federal government spends money that will have an important effect on state budgets. >> reporter: the pew center on the states reports around 18% of federal grants to states would be subject to sequestration's spending cuts. that works out to about $7.5 billion the states could u
expectations. looking at month over month performance, the 20 city index fell 0.1% from september to october. still, s&p is optimistic about housing activity in the new year. >> 2013 should be a good year for housing, we're going into the year with a whole lot of momentum, we've seen very strong housing starts, very strong construction in 2012 but even with that strength construction is still way below where it should be and we have a lot of lost ground to make up. >> susie: david blitzer also expects home prices to continue to improve through the end of next year, and he believes that rebound in prices will help the u.s. economic recovery. still ahead, the outlook for stocks in 2013, we're joined by wayne kaufman, he's the chief market analyst at john thomas financial. president obama is due back in washington tomorrow, cutting short his hawaiian holiday vacation. he will be meeting with congressional leaders for one last push to prevent the economy from falling over the fiscal cliff next week. no specific bill is on the schedule in the senate or the house, and house republicans haven't yet
Search Results 0 to 8 of about 9 (some duplicates have been removed)